Advertisement
Canada markets open in 7 hours 31 minutes
  • S&P/TSX

    24,561.20
    +122.12 (+0.50%)
     
  • S&P 500

    5,842.47
    +27.21 (+0.47%)
     
  • DOW

    43,077.70
    +337.28 (+0.79%)
     
  • CAD/USD

    0.7266
    -0.0007 (-0.09%)
     
  • CRUDE OIL

    70.60
    +0.21 (+0.30%)
     
  • Bitcoin CAD

    92,618.29
    +127.77 (+0.14%)
     
  • XRP CAD

    0.77
    +0.02 (+2.73%)
     
  • GOLD FUTURES

    2,698.40
    +7.10 (+0.26%)
     
  • RUSSELL 2000

    2,286.68
    +36.86 (+1.64%)
     
  • 10-Yr Bond

    4.0160
    -4.0380 (-50.14%)
     
  • NASDAQ futures

    20,341.75
    -7.75 (-0.04%)
     
  • VOLATILITY

    19.58
    -1.06 (-5.14%)
     
  • FTSE

    8,329.07
    +79.79 (+0.97%)
     
  • NIKKEI 225

    39,146.19
    -34.11 (-0.09%)
     
  • CAD/EUR

    0.6691
    0.0000 (0.00%)
     

Community Health Systems: Q2 Earnings Snapshot

FRANKLIN, Tenn. (AP) — FRANKLIN, Tenn. (AP) — Community Health Systems Inc. (CYH) on Wednesday reported a loss of $13 million in its second quarter.

The Franklin, Tennessee-based company said it had a loss of 10 cents per share. Losses, adjusted for non-recurring gains, were 17 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The operator of accute care hospitals posted revenue of $3.14 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $3.08 billion.

Community Health Systems expects a full-year loss of 45 cents to 30 cents per share, with revenue in the range of $12.5 billion to $12.7 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CYH at https://www.zacks.com/ap/CYH